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PERIODIC DISCLOSURES FORM NL37DOWN GRADING OF INVESTMENT2 Name of the Insurer:CHART AXA General Insurance Company LimitedRegistration No: 139 and Date of Registration with the IRA : 27th June 2008Name
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It is a form used to report changes in the investment grade rating of certain securities.
Investment firms, financial institutions, and other entities holding securities that have been downgraded in investment grade rating are required to file nl-37-down grading of investment-2.
The form should be filled out with the details of the securities that have been downgraded in investment grade rating, including the name of the security, the new rating, and the reason for the downgrade.
The purpose of the form is to provide regulators with information about changes in the investment grade ratings of securities held by entities in the financial sector.
Information such as the name of the security, the new rating, the reason for the downgrade, and the date of the downgrade must be reported on nl-37-down grading of investment-2.
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